6841 S Dante Ave - Apartments FOR SALE


Chicago, IL 60637- Grand Crossing
$725,000 USD
773-493-7000
6841 S Dante Ave, Chicago, IL for Sale
$725,000 USD
Apartments - FOR SALE
1/14
null | 7.28% Cap Rate

6841 S Dante Ave
Chicago, IL 60637
Grand Crossing


HIGHLIGHTS

  • Located 0.5 miles from the newly Obama Presidential Center (OPC)
  • Fully occupied, well-maintained 6-unit property with basement laundry
  • Remodeled interiors featuring hardwood floors & R&D heat control system

OVERVIEW

Prime investment opportunity featuring a meticulously maintained, 6-unit multifamily property located just half a mile from the Obama Presidential Center. Each spacious unit offers approximately 1,200 SF of fully remodeled living space, complete with 2 bedrooms, 1 bath, hardwood flooring throughout, high ceilings, separate living and dining rooms, and included kitchen appliances (stove & fridge). Key infrastructure upgrades include a boiler replacement (2020), hot water tank replacement (2022), and a complete roof overlay with silver coat (2023). Additional amenities feature basement laundry facilities, an underground sprinkler system, and a 5-car brick garage.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,833

CAP RATE

7.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dante Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,630 SF

ZONING

Residential/Multifamily

APN/PARCEL ID

20-23-407-011-0000

ASK ABOUT THIS PROPERTY

Suni Karim, CCIM, CMCASK Properties Group, LLCMore Info
773-493-7000

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Suni Karim, CCIM, CMCASK Properties Group, LLCMore Info
773-493-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.